Financial WAR... - Europe 1, USA 0

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Date: Fri Oct 15 1999 07:19 SteveIS (Greenspan is working with Europeans) ID#297380: Copyright ) 1999 SteveIS/Kitco Inc. All rights reserved

The Europeans want the US stock market down. They are pissed that Greeny hasn't had the Cojones to pop the bubble much earlier. When they made their gold announcement it was aimed at the US bubble markets.

Greeny went to them after the gold explosion and said help drive down gold so some of my boys can cover. So they said only if you start to pop the stock bubble.

The timing of Greenie's annoucement is astounding. This morning is settlements for October S&P options. The pros are the ones short all the puts which suddenly are in the money. Greenie is telling the pros to back off. The PPT isn't going to help them anymore.

The stock market is going to get real ugly real fast. They may step in to slow the fall a little but not to much.

The gold bull is just begining. Don't get shaken out by little squiggles.

We aren't in Kansas anymore.

-- Andy (2000EOD@prodigy.net), October 15, 1999

Answers

There is a financial war going on with the Europeans in cahoots against the dollar as the world reserve currency. The only way to make sense of what is going on, with oil, gold, silver etc. is to realise this fact.

The rest of the world have had enough of american dollar debt arrogance - it's pay back time...

Look for another gold announcement on Sunday in the wee hours... ('course, I could be wrong :) )

China is making a move now to usurp London (the LBMA) and trade gold independently of the Cabal...

Hong Kong is talkinf of a new gold-internet service...

I feel the gold producers will announce a gold cartel a la OPEC...

Greenscum and the Fed have BLOWN IT big time.

-- Andy (2000EOD@prodigy.net), October 15, 1999.


Aren't there plans in NAFTA to start the work towards a common currency with Mexico and Canada in 2000? Maybe the dollar just isn't "it" anymore.

-- Paula (chowbabe@pacbell.net), October 15, 1999.

Yeah, how bout this one. All thesa aholes on Wall Street have been blathering about how their will be a flight to quality to US assets. Ponder this, what if the flight is AWAY from US assets...... I think Andy's right about our arrogance comming home to roost. The rest of the world is sick of our sanctimonious bullshit..... This may not work out to well for our stock market.

-- Gordon (g_gecko_69@hotmail.com), October 16, 1999.

The Nafta/Gatt treaty was NEVER RATIFIED BY THE SENATE. It needed 66 votes to be ratified but only recieved ((((((((61)))))))). Go figure.

Hitler would be PROUD of this administration.

-- eyes wide open (djwolf@lanset.com), October 16, 1999.


Hey Andy, Thanks for your thoughts re. gold companies last week.... Sure a lot of "sleeping with the enemy" going on here it seems. I was watching the numbers today on the DJIA. In light of Greenspans comments and the PPI yesterday seemed like something was amiss in the market all morning...seemed like a sleep walk... I couldn't figure it out until I got the info you posted from somewhere. Then, I got it all fingered out! I went ahead and bought 15 Jan 9600 DJX Puts. It took until about 3:00 Eastern before the pronounced move began but there was no mistaking the writing on the wall. I caught the majority of the move down today. I had pegged support at 10,200 closing provided we had intraday low at or below 10,050. Seems they don't want this to be a "blowout" but a slow leak. I hope I can close this call soon enough to have funds to go to physical before year end. Think it's a piss-poor commentary that we have gotten ourselves into this position to have to kiss the krauts' and everyone elses a**es. By the way did you read that commentary on Microft posted here yesterday? O/T..one of the things that really chaps my butt is that Willy might serve another term as King if all goes as planned (by him) due to Y2K.

Bottom Line....Not only Gold can be manipulated it seems...but it's going to be harder to keep our market in the box...an agreement has ostensibly been made !They can "jack" with the "presses" but they can't dig for gold.

-- Larry (Rampon@cyberramp.net), October 16, 1999.



I know what you are saying, and cant say your wrong, but it is in the best interest of all the nations that have been and continue to be dominated by the dollar to maintain the order. It is not like there is another country vaccuming up thier products. They NEED to export and we are the best market. In the mid nineties the soulth americans were already heavy into gold derivitives. So are many nations. Very few if any will escape a collapse of the american financial system without much vicious bleeding on thier parts.

Sure, they should ALL move to gold, but the present system is based the opposite way and they are completely tied into it the way it is. The european central banks will do what it takes to help the transition through this period work without everyone falling off the cliff together.

America has come to the point where all will know that the game is changeing, and WE and our neighbors will feel the pull of gravity towards poverty. But there is nothing to celebrate but the income from gold as the lives of billions go from bad to worse. The regular person has no joy about upheavel. Hearts will break and despair will come and hopes for a better world in this lifetime will be dashed.

I find the joy of goldbugs to be short sighted.

-- bill (Bburke@rocketmail.com), October 16, 1999.


12:55a EDT Saturday, October 16, 1999

Dear Friend of GATA and Gold:

GATA Chairman Bill Murphy tonight sent this dispatch to his subscribers at www.lemetropolecafe.com and asked me to send it to you because it is of general interest.

GATA is calling all friends of gold to their battle stations for a special announcement at 7:50 a.m. Central Daylight Time this Sunday -- tomorrow. This is going to be war, and we're going to win it.

Please post this as seems useful.

CHRIS POWELL, Secretary Gold Anti-Trust Action Committee Inc.

* * *

GOLD PRODUCERS ARE DIVIDED BUT OUR 2 HEROES ARE EFFECTIVE

By Bill "Midas" Murphy www.lemetropolecafe.com

Friday, October 15, 1999

This past week I told you that some of the major gold producers had agreed to an unwritten, but formal agreement, to cut their gold production, a la OPEC. My information came to me from the best of sources in the gold producer community.

I just received this email from GATA Treasurer, Chris Powell. It quotes an a usually informed source who posts on the Interet:

"It's illegal to form cartels in America. The government prohibits any such organization. But outside America, it's perfectly legal. Just take a look at OPEC.

"Since the British gold sale, South Africa got real angry and, led by Anglogold, it has been pushing full- steam into creating an international gold cartel made up of non-USA gold producers.

"The rumor buzzing out of London tonight is that an agreement has been reached and will be announced at a big press conference soon.

"If non-USA mining companies announce even a 25 percent reduction in global gold output, it's gonna ignite the gold price beyond description."

This confirms what I have been told.

I also have reported that there are rifts in the World Gold Council. This explains the rift. The overly hedged shorts do not care for a cut in production; their shares will not perform well if the gold price explodes. This also explains why Gold Field Ltd. announced today that it has now covered most of its hedges.

Chris Thompson of Gold Fields and Bobby Godsell of Anglogold have been the powerhouses on behalf of gold. They are standing up to the Hannibal Cannibals and are quietly changing the gold world in behalf of their companies and the gold industry. Gold shareholders, they are your angels. They should be applauded.

Carpe diem is in. Hannibal Lecter is out.

By now you all know that the U.S. Producer Price Index figures released today were far more bullish for gold than anyone imagined. The dollar was beat up and the equity markets were trounced around the world, yet gold was allowed to rally only $2 by certain malign forces. If that did not hit you over the head today about what we are dealing with, get a checkup with a top brain surgeon.

Our camp has been victimized far too long. I would like to echo our sentiments:

WE ARE MAD AS HELL AND WE ARE NOT GOING TO TAKE IT ANYMORE.

The Gold Anti-Trust Action Committee certainly will not stand for the government bailout of the cartel that has ruined so many companies, shareholders, and miners to suit its own greed.

At 7:50 a.m. Central Daylight Time on Sunday morning GATA and the "right flank" will make an important announcement to every gold company shareholder in the world.

-END-

-- Andy (2000EOD@prodigy.net), October 16, 1999.


If this comes off

Europe 2, USA 0

What will the USA counter with...

Sell off Fort Knox???????

-- Andy (2000EOD@prodigy.net), October 16, 1999.


Murphy might want to consider losing all that "hannibal cannibal lector" crap. It negates *any* semblance of gravitas in his diatribes.

-- Ron Schwarz (rs@clubvb.com.delete.this), October 16, 1999.

ANDY...WHAT MAKES YOU THINK THERE'S ANY GOLD THERE?????

-- scale (Rampon@cyberramp.net), October 16, 1999.


Andy,

I, for one, very much appreciate your posts about the world of gold and international currency issues. You are making a contribution to the forum that I think is invaluable. And it is very much Y2K relevant. Y2K will make the risks and stakes of currency and credit inflation transparent. May you benefit greatly from your investments. Thank you for investing your time and effort in the forum.

Blessings and peace to you.

-- Leslie (***@***.net), October 16, 1999.


Thank you eslie,

that is very kindof you - yes i have taken constant abuse frm the dark side- govt. shills like decker who would rather see folks on this forum LOSE THEIR LIFE'S SAVINGS than wiseup and take appropriate measures

and yes about the "gold" in F Knox I've heard those stories too :)

aye aye aye bluff double treble and quadruple bluff!

still nottoo late for some

you know what you should have done - do it now...

-- Andy (No6InTheVillage@webtv.com), October 16, 1999.


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